Investor alert!! 4.79% Cap Rate.
Free-standing medical office building located on Toledo Blade Blvd in Port Charlotte leased to Heartland Dental!
Annual Average Daily Traffic Count on Toledo Blade Blvd 20,000!
Roof replaced 4/6/2022.
Amazing location less than 0.3 miles from Tamiami Tr and less than 6 miles from I75!sign replaced in 2024.
The current lease in place expires July 31, 2028. Tenant has three (3) renewal terms of f ive (5) years each in duration.
The current gross income is $93,942.24 and the current net income is $76,578.41. Real estate tax + insurance are passed through to the tenant, and the tenant handles the landscaping.
Renewal Term 1 is a 15% increase at $112,669.22 annual rent ($33.79 PSF) for years 6-10. Renewal Term 2 and 3 to be negotiated at Fair Market Value.
Tenant has the Right of First Refusal.
Heartland Dental has 1,700+ supported offices and 2,800+ supported doctors across 38 states and they employ over 20,000 team members.
Do not disturb tenant.
The income description goes here to explain
| List Price | $1,600,000 |
| Property Type | Office |
| Usable Sqft | 3,335 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 2005 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 402101408004 |
| MLS # | C7513515 |
| Property ID | 314926237 |
| Lot Sqft | 20,000 |
| Zoning | CG |
| Days on Market | 133 |
| Original List Price | $1,600,000 |
| Date Updated | August 13, 2025 |
| Date Created | August 12, 2025 |
Financials not available online. Please inquire with your agent for more details.
Kayla Weiss-Bohnstedt an agent of . Lic #3370154
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of August 13, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT